KeyBanc believes that Lam reported "impressive" results and guidance. The firm thinks that the company will continue to benefit from the ramp of 3D NAND through 2017. It raised its price target on the shares to $101 from $96 and reiterates a Buy rating.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here